See more : CONTAINE TECHNOLOGIES LIMITED (CONTAINE.BO) Income Statement Analysis – Financial Results
Complete financial analysis of General Mills, Inc. (GIS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of General Mills, Inc., a leading company in the Packaged Foods industry within the Consumer Defensive sector.
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General Mills, Inc. (GIS)
About General Mills, Inc.
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1984 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19.86B | 20.09B | 18.99B | 18.13B | 17.63B | 16.87B | 15.74B | 15.62B | 16.56B | 17.63B | 17.91B | 17.77B | 16.66B | 14.88B | 14.80B | 14.69B | 13.65B | 12.44B | 11.64B | 11.24B | 11.07B | 10.51B | 7.95B | 7.08B | 6.70B | 6.25B | 6.03B | 5.61B | 5.42B | 5.03B | 8.52B | 8.13B | 7.78B | 7.15B | 6.45B | 5.62B | 5.18B | 5.19B | 4.59B | 4.29B | 4.12B |
| Cost of Revenue | 12.91B | 13.55B | 12.59B | 11.68B | 11.50B | 11.11B | 10.31B | 10.06B | 10.73B | 11.68B | 11.54B | 11.35B | 10.61B | 8.93B | 8.92B | 9.46B | 8.78B | 7.96B | 6.97B | 6.83B | 6.58B | 6.11B | 4.77B | 2.84B | 2.49B | 2.40B | 2.39B | 2.33B | 2.24B | 2.02B | 4.46B | 4.30B | 4.12B | 3.72B | 3.49B | 3.11B | 2.85B | 2.83B | 2.56B | 2.48B | 2.43B |
| Gross Profit | 6.95B | 6.55B | 6.40B | 6.45B | 6.13B | 5.76B | 5.43B | 5.56B | 5.83B | 5.95B | 6.37B | 6.42B | 6.04B | 5.95B | 5.87B | 5.23B | 4.87B | 4.49B | 4.67B | 4.41B | 4.49B | 4.40B | 3.18B | 4.24B | 4.21B | 3.85B | 3.64B | 3.28B | 3.18B | 3.00B | 4.06B | 3.84B | 3.65B | 3.43B | 2.96B | 2.51B | 2.33B | 2.36B | 2.02B | 1.81B | 1.69B |
| Gross Profit Ratio | 35.01% | 32.58% | 33.71% | 35.57% | 34.78% | 34.13% | 34.48% | 35.62% | 35.20% | 33.74% | 35.57% | 36.14% | 36.29% | 40.01% | 39.70% | 35.62% | 35.70% | 36.06% | 40.15% | 39.22% | 40.52% | 41.85% | 40.03% | 59.86% | 62.85% | 61.59% | 60.40% | 58.49% | 58.62% | 59.75% | 47.65% | 47.17% | 46.99% | 47.97% | 45.95% | 44.58% | 45.01% | 45.39% | 44.10% | 42.24% | 40.92% |
| Research & Development | 257.80M | 257.60M | 243.10M | 239.30M | 224.40M | 221.90M | 219.10M | 218.20M | 222.10M | 229.40M | 243.60M | 237.90M | 245.40M | 235.00M | 218.30M | 208.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.16B | 2.69B | 2.46B | 2.34B | 2.46B | 2.33B | 2.18B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.37B | 1.26B |
| Selling & Marketing | 824.60M | 810.00M | 690.10M | 736.30M | 691.80M | 601.60M | 575.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.26B | 3.50B | 3.15B | 3.08B | 3.15B | 2.94B | 2.75B | 2.80B | 3.12B | 3.33B | 3.47B | 3.55B | 3.38B | 3.19B | 3.24B | 2.95B | 2.63B | 2.39B | 2.68B | 2.42B | 2.44B | 2.47B | 1.91B | 3.07B | 2.90B | 2.63B | 2.50B | 2.24B | 2.13B | 2.12B | 2.76B | 2.65B | 2.50B | 2.39B | 2.14B | 1.81B | 1.71B | 1.76B | 1.55B | 1.37B | 1.26B |
| Other Expenses | 0.00 | 88.80M | 113.40M | 132.90M | 112.80M | 87.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 186.00M | 46.00M |
| Operating Expenses | 3.50B | 3.50B | 3.15B | 3.08B | 3.15B | 2.94B | 2.75B | 2.80B | 3.12B | 3.33B | 3.47B | 3.55B | 3.38B | 3.17B | 3.24B | 2.87B | 2.63B | 2.39B | 2.68B | 2.42B | 2.44B | 2.47B | 1.91B | 3.07B | 3.11B | 2.83B | 2.69B | 2.42B | 2.32B | 2.31B | 3.06B | 2.92B | 2.75B | 2.60B | 2.32B | 1.96B | 1.85B | 1.89B | 1.66B | 1.55B | 1.31B |
| Cost & Expenses | 16.43B | 17.05B | 15.74B | 14.76B | 14.65B | 14.04B | 13.07B | 12.86B | 13.85B | 15.01B | 15.01B | 14.90B | 13.99B | 12.10B | 12.16B | 12.33B | 11.40B | 10.35B | 9.64B | 9.25B | 9.03B | 8.58B | 6.68B | 5.91B | 5.60B | 5.23B | 5.08B | 4.75B | 4.56B | 4.34B | 7.52B | 7.22B | 6.88B | 6.33B | 5.80B | 5.08B | 4.70B | 4.72B | 4.22B | 4.03B | 3.74B |
| Interest Income | 18.80M | 14.00M | 3.80M | 7.40M | 6.00M | 5.60M | 11.70M | 7.00M | 8.10M | 13.20M | 16.10M | 12.60M | 9.90M | 7.40M | 6.80M | 7.20M | 27.30M | 31.00M | 26.80M | 30.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 498.00M | 396.10M | 383.40M | 427.70M | 472.50M | 527.40M | 385.40M | 302.10M | 311.90M | 328.60M | 318.50M | 329.50M | 361.80M | 353.70M | 408.40M | 390.00M | 449.00M | 458.00M | 426.40M | 485.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -60.00M | -19.00M |
| Depreciation & Amortization | 552.70M | 546.60M | 570.30M | 601.30M | 594.70M | 620.10M | 618.80M | 603.60M | 608.10M | 588.30M | 585.40M | 588.00M | 541.50M | 472.60M | 457.10M | 453.60M | 459.20M | 418.00M | 424.00M | 443.00M | 399.00M | 365.00M | 296.00M | 223.10M | 208.80M | 194.20M | 194.90M | 182.80M | 186.70M | 191.40M | 303.80M | 274.20M | 247.40M | 218.40M | 180.10M | 152.30M | 140.00M | 131.70M | 113.10M | 109.00M | 99.00M |
| EBITDA | 4.08B | 4.08B | 4.16B | 3.88B | 3.66B | 3.22B | 3.15B | 3.18B | 3.31B | 2.67B | 3.55B | 3.44B | 3.10B | 3.24B | 3.01B | 2.82B | 2.86B | 2.51B | 2.42B | 2.74B | 2.44B | 2.29B | 1.51B | 1.44B | 1.31B | 1.21B | 1.15B | 1.04B | 1.05B | 880.40M | 1.30B | 1.19B | 1.15B | 1.05B | 825.20M | 697.30M | 620.50M | 598.90M | 477.00M | 57.00M | 467.00M |
| EBITDA Ratio | 20.57% | 15.94% | 18.98% | 23.14% | 20.41% | 22.21% | 21.98% | 22.81% | 20.06% | 21.29% | 19.09% | 19.58% | 19.30% | 21.88% | 21.13% | 19.18% | 20.04% | 20.46% | 21.05% | 19.16% | 22.22% | 22.39% | 22.13% | 18.94% | 19.47% | 20.18% | 21.58% | 19.55% | 19.38% | 21.16% | 17.03% | 14.65% | 14.79% | 14.61% | 12.80% | 12.41% | 11.98% | 11.56% | 10.43% | 1.33% | 11.34% |
| Operating Income | 3.43B | 2.66B | 3.48B | 3.14B | 2.95B | 2.52B | 2.51B | 2.57B | 2.71B | 2.08B | 2.96B | 2.85B | 2.56B | 2.77B | 2.61B | 2.32B | 2.23B | 2.06B | 1.97B | 1.91B | 2.02B | 1.86B | 1.27B | 1.17B | 1.10B | 1.02B | 950.20M | 858.90M | 860.00M | 689.00M | 999.40M | 917.60M | 902.70M | 826.70M | 645.10M | 545.00M | 480.50M | 467.20M | 363.90M | 256.00M | 376.00M |
| Operating Income Ratio | 17.28% | 13.22% | 18.30% | 17.35% | 16.76% | 14.92% | 15.94% | 16.43% | 16.35% | 11.78% | 16.51% | 16.04% | 15.38% | 18.65% | 17.61% | 15.81% | 16.32% | 16.54% | 16.89% | 16.97% | 18.22% | 17.73% | 16.01% | 16.52% | 16.40% | 16.29% | 15.75% | 15.31% | 15.88% | 13.71% | 11.73% | 11.28% | 11.61% | 11.56% | 10.00% | 9.70% | 9.28% | 9.00% | 7.93% | 5.97% | 9.13% |
| Total Other Income/Expenses | -403.40M | -6.80M | -266.20M | -287.40M | -353.70M | -838.10M | -564.60M | -295.10M | -303.80M | -315.40M | -302.40M | -313.10M | -570.20M | -346.30M | -453.50M | -415.40M | -399.70M | -402.00M | -369.00M | -156.00M | -508.00M | -486.00M | -573.00M | -189.00M | -149.00M | -179.20M | -286.50M | -155.20M | -104.20M | -284.40M | -246.10M | -73.60M | -58.20M | -61.10M | -32.40M | -27.50M | -37.70M | -34.00M | -40.30M | -60.00M | -19.00M |
| Income Before Tax | 3.03B | 3.14B | 3.21B | 2.86B | 2.60B | 2.08B | 2.14B | 2.27B | 2.40B | 1.76B | 2.66B | 2.53B | 2.21B | 2.43B | 2.20B | 1.93B | 1.81B | 1.63B | 1.57B | 1.82B | 1.51B | 1.38B | 700.00M | 998.30M | 950.30M | 838.50M | 663.70M | 703.70M | 755.80M | 404.60M | 753.30M | 844.00M | 844.50M | 765.60M | 612.70M | 517.50M | 442.80M | 433.20M | 323.60M | 196.00M | 357.00M |
| Income Before Tax Ratio | 15.25% | 15.63% | 16.90% | 15.76% | 14.75% | 12.34% | 13.57% | 14.54% | 14.51% | 9.99% | 14.82% | 14.26% | 13.27% | 16.32% | 14.90% | 13.16% | 13.23% | 13.11% | 13.46% | 16.14% | 13.63% | 13.11% | 8.81% | 14.10% | 14.18% | 13.42% | 11.00% | 12.55% | 13.95% | 8.05% | 8.84% | 10.38% | 10.86% | 10.70% | 9.50% | 9.21% | 8.55% | 8.35% | 7.06% | 4.57% | 8.67% |
| Income Tax Expense | 594.50M | 612.20M | 586.30M | 629.10M | 480.50M | 367.80M | 57.30M | 655.20M | 755.20M | 586.80M | 883.30M | 741.20M | 709.60M | -721.10M | 771.20M | 720.40M | 622.20M | 560.00M | 541.00M | 664.00M | 528.00M | 460.00M | 239.00M | 349.90M | 335.90M | 304.00M | 241.90M | 258.30M | 279.40M | 144.90M | 283.60M | 337.90M | 338.90M | 301.40M | 239.00M | 202.20M | 177.40M | 211.20M | 140.10M | 81.00M | 154.00M |
| Net Income | 2.50B | 2.59B | 2.71B | 2.34B | 2.18B | 1.75B | 2.13B | 1.66B | 1.70B | 1.22B | 1.82B | 1.86B | 1.57B | 1.80B | 1.53B | 1.30B | 1.29B | 1.14B | 1.09B | 1.24B | 1.06B | 917.00M | 458.00M | 665.10M | 614.40M | 534.50M | 421.80M | 445.40M | 476.40M | 367.40M | 469.90M | 506.10M | 495.60M | 472.70M | 381.40M | 484.30M | 283.10M | 222.00M | 183.50M | -73.00M | 233.00M |
| Net Income Ratio | 12.57% | 12.91% | 14.25% | 12.91% | 12.37% | 10.39% | 13.54% | 10.61% | 10.25% | 6.93% | 10.19% | 10.44% | 9.41% | 12.09% | 10.34% | 8.88% | 9.48% | 9.19% | 9.36% | 11.03% | 9.53% | 8.73% | 5.76% | 9.40% | 9.17% | 8.56% | 6.99% | 7.94% | 8.80% | 7.31% | 5.52% | 6.22% | 6.37% | 6.61% | 5.91% | 8.62% | 5.47% | 4.28% | 4.00% | -1.70% | 5.66% |
| EPS | 4.34 | 4.36 | 4.46 | 3.81 | 3.59 | 2.92 | 3.69 | 2.82 | 2.83 | 2.02 | 2.90 | 2.86 | 2.42 | 2.80 | 2.32 | 1.96 | 1.93 | 1.65 | 1.53 | 1.67 | 1.41 | 1.25 | 0.69 | 1.17 | 1.02 | 0.88 | 0.67 | 0.71 | 0.75 | 0.59 | 0.74 | 0.78 | 0.75 | 0.72 | 0.59 | 0.75 | 0.42 | 0.32 | 0.26 | -0.10 | 0.31 |
| EPS Diluted | 4.31 | 4.31 | 4.42 | 3.78 | 3.56 | 2.90 | 3.64 | 2.77 | 2.77 | 1.97 | 2.83 | 2.79 | 2.35 | 2.70 | 2.24 | 1.90 | 1.86 | 1.59 | 1.45 | 1.54 | 1.30 | 1.22 | 0.67 | 1.14 | 1.00 | 0.85 | 0.65 | 0.69 | 0.74 | 0.59 | 0.74 | 0.78 | 0.75 | 0.72 | 0.59 | 0.75 | 0.42 | 0.32 | 0.26 | -0.10 | 0.31 |
| Weighted Avg Shares Out | 575.50M | 594.80M | 607.50M | 614.10M | 608.10M | 600.40M | 576.80M | 587.10M | 598.40M | 599.90M | 628.60M | 648.60M | 648.10M | 642.50M | 659.60M | 663.70M | 666.00M | 693.00M | 715.40M | 742.00M | 750.00M | 738.00M | 662.00M | 568.00M | 598.20M | 613.00M | 632.40M | 631.77M | 635.20M | 628.03M | 635.00M | 653.03M | 660.80M | 656.53M | 651.97M | 650.07M | 674.05M | 704.76M | 705.77M | 715.00M | 750.00M |
| Weighted Avg Shares Out (Dil) | 579.50M | 601.20M | 612.60M | 619.10M | 613.30M | 605.40M | 585.70M | 598.00M | 611.20M | 614.90M | 645.70M | 665.60M | 666.70M | 664.40M | 683.30M | 687.10M | 693.80M | 720.40M | 757.60M | 818.00M | 826.00M | 756.00M | 684.00M | 584.00M | 614.60M | 629.40M | 649.20M | 645.51M | 648.16M | 628.03M | 635.00M | 653.03M | 660.80M | 656.53M | 651.97M | 650.07M | 674.05M | 704.76M | 705.77M | 715.00M | 750.00M |
General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
General Mills NYSE: GIS lies within the consumer staples sector and ranks in the top 10 largest food and beverage companies in the United States by revenue. In 2024, the share price is essentially where it started for the year,...
General Mills Stock - Investors of General Mills Encouraged to Contact Kehoe Law Firm, P.C. - GIS
PHILADELPHIA, PA / ACCESSWIRE / June 27, 2024 / Kehoe Law Firm, P.C. is investigating whether certain directors and officers of General Mills, Inc. ("General Mills") (NYSE:GIS) breached their fiduciary duties to General Mills and its shareholders and whether General...
4 Stocks to Watch That Recently Announced Dividend Hikes
Stocks like General Mills, Inc. (GIS), Tsakos Energy Navigation Limited (TNP), HEICO Corporation (HEI) and Delta Air Lines, Inc. (DAL) recently hiked dividends.
General Mills will push out 'cheesier' mac and cheese and 'fudgier' brownies to win back shoppers
General Mills will enhance product flavors to attract price-conscious customers amid inflation. The company reported a disappointing 2025 forecast with minimal expected sales growth.
General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
General Mills NYSE: GIS is the global food manufacturing sector giant known for iconic brands like Cheerios, Yoplait, Pillsbury, and Blue Buffalo. General Mills' earnings report for the fourth quarter and full-year fiscal 2024 revealed a disappointing performance, which sent...
Markets Await PCE Inflation Data
Pre-market futures started out mixed, but have now sunk into the red. The Dow looks to open down -115 points at this hour, with the Nasdaq -45 and the S&P 500 -14 points a half-hour in front of today's opening...
General Mills (GIS) Q4 Earnings Top Despite Adverse Pricing
General Mills' (GIS) fourth-quarter fiscal 2024 results reflect lower earnings and sales due to the adverse net price realization and mix.
General Mills Slumps as Sales Drop Amid 'Challenging Operating Environment'
Shares of General Mills (GIS) slumped Wednesday after the consumer foods giant posted weaker-than-expected revenue and gave soft guidance on lower prices and volumes.
General Mills falls after reporting larger-than-expected Q4 sales decline
General Mills Inc (NYSE:GIS, ETR:GRM) shares dipped at the open after it reported fourth-quarter organic sales that were lower than expected. During its fourth quarter, organic sales were approximately 6% lower than consensus estimates of a 3.5% decline.
General Mills (GIS) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for General Mills (GIS) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street...
Source: https://incomestatements.info
Category: Stock Reports